Seattle Sounders and investment firm Carlyle finalize acquisition of NWSL's Seattle Reign

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The Seattle Sounders and international investment firm Carlyle have finalized their deal to acquire the Seattle Reign of the National Women’s Soccer League. The OL Groupe, the holding company that owned eight-time French champion Lyon, announced in March it had agreed to sell the Reign to the Major League Soccer team and Carlyle for $58 million.

Seattle Reign forward Bethany Balcer celebrates her goal against the Orlando Pride with teammates, including forward Tziarra King during the second half of an NWSL soccer match, Sunday, May 19, 2024, in Seattle. Orlando won 3-2. The Seattle Sounders and international investment firm Carlyle have finalized their deal to acquire the Seattle Reign of the National Women’s Soccer League.

“Our goal is to be a standard bearer in global soccer,” Sounders owner Adrian Hanauer said in a statement. “This means creating a first-class environment for players, staff and fans, while staying authentic to our community. For anyone that loves the sport of soccer and its place in Seattle, today’s news brings everyone together and allows us all to run toward an incredible future.”

Hanauer will represent the Reign on the NWSL Board of Governors. Alex Popov, Carlyle’s head of private credit, will serve as alternate governor. The Reign were among the founding teams in the NWSL in 2013 and played its first season at Starfire Stadium in Tukwila, Washington, before moving to Memorial Stadium in Seattle. The Reign also played for a time in Tacoma before moving to Lumen Field, home of the Sounders and the NFL’s Seattle Seahawks, in 2021.

 

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Seattle Sounders and investment firm Carlyle finalize acquisition of NWSL's Seattle ReignThe Seattle Sounders and international investment firm Carlyle have finalized their deal to acquire the Seattle Reign of the National Women's Soccer League.
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